Acadia Realty Trust (AKR)
NYSE: AKR · IEX Real-Time Price · USD
18.23
+0.16 (0.89%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Acadia Realty Trust Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Acadia Realty Trust stock have an average target of 18, with a low estimate of 16 and a high estimate of 20. The average target predicts a decrease of -1.26% from the current stock price of 18.23.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AKR stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell → Hold Upgrades $18 | Sell → Hold | Upgrades | $18 | -1.26% | Jun 26, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $18 → $20 | Hold → Strong Buy | Upgrades | $18 → $20 | +9.71% | Apr 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 16, 2024 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | -12.23% | Nov 30, 2023 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $17 | Strong Buy | Reiterates | $17 | -6.75% | Aug 21, 2023 |
Financial Forecast
Revenue This Year
310.80M
from 338.69M
Decreased by -8.24%
Revenue Next Year
333.11M
from 310.80M
Increased by 7.18%
EPS This Year
0.26
from 0.20
Increased by 31.30%
EPS Next Year
0.33
from 0.26
Increased by 24.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 359.6M | 388.1M | 225.2M | 411.0M | 432.9M |
| Avg | 310.8M | 333.1M | 216.6M | 395.3M | 416.4M |
| Low | 267.5M | 284.2M | 210.2M | 383.6M | 404.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.2% | 24.9% | -32.4% | 89.7% | 9.5% |
| Avg | -8.2% | 7.2% | -35.0% | 82.5% | 5.3% |
| Low | -21.0% | -8.6% | -36.9% | 77.1% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.33 | 0.36 | 0.35 | 0.15 | 0.22 |
| Avg | 0.26 | 0.33 | 0.33 | 0.14 | 0.21 |
| Low | 0.23 | 0.29 | 0.32 | 0.14 | 0.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 62.7% | 35.9% | 6.1% | -55.9% | 55.9% |
| Avg | 31.3% | 24.4% | 2.1% | -57.6% | 50.0% |
| Low | 12.7% | 12.0% | -1.0% | -58.8% | 45.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.